What is Hmlet?
Hmlet operates as a sophisticated co-living platform, now integrated within the Mitsubishi Estate Group, providing fully furnished, flexible housing solutions. The company addresses the friction points of urban relocation by offering short-term, amenity-rich living spaces that prioritize community engagement and convenience. By targeting nomadic workers, expatriates, and international students, Hmlet has carved out a distinct niche in the real estate technology landscape, transforming traditional property management into a service-as-a-product model. Their focus on modern design and seamless transition support distinguishes them from conventional rental providers, positioning the firm as a leader in the evolving prop-tech ecosystem.
How much funding has Hmlet raised?
Hmlet has raised a total of $48M across 3 funding rounds:
Angel/Seed
$1.5M
Series A
$6.5M
Series B
$40M
Angel/Seed (2017): $1.5M with participation from Aurum Investments
Series A (2018): $6.5M led by Sequoia Capital India
Series B (2019): $40M supported by Burda Principal Investments
Key Investors in Hmlet
Aurum Investments
A firm specializing in real estate asset management and property development, providing deep industry expertise across the entire investment lifecycle.
Sequoia Capital India
A premier venture capital firm with a global track record of partnering with entrepreneurs to build market-leading companies across various growth stages.
Burda Principal Investments
The growth equity arm of Hubert Burda Media, focusing on long-term investments in fast-growing digital technology and media enterprises.
What's next for Hmlet?
Looking ahead, the strategic deployment of the $40M capital is expected to accelerate Hmlet's expansion into new urban markets and enhance its digital infrastructure. As the company matures under the umbrella of the Mitsubishi Estate Group, the focus will likely shift toward operational efficiency and the deepening of community-centric features that drive resident retention. Investors are closely monitoring how Hmlet will navigate the complexities of global real estate markets while maintaining the high-touch service standards that define its brand. The company's ability to scale its co-living model while maintaining profitability will be the primary metric for its next phase of growth.
See full Hmlet company page
